Italian lessor UBI Leasing has won a €5
million contract for the financing of a photovoltaic plant in
Vasapulli, Puglia, in Southern Italy.
The Brescia-headquartered leasing company,
part of the UBI Banca Group, has been selected by 9REN, a European
developer and contractor of solar plants.
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Corporance SpA, an Italian merchant bank
specialised in renewable energy projects, has advised 9REN on the
deal.
The new power plant should produce an
estimated 1 million kWh yearly, equivalent to the energy needs of
400 households. Construction on the site has already begun.
Antonio Fabrizio
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